And Out of Nowhere, David Seaman Arises

For a moment there, people got to thinking David Seaman was suicided out — Ben Swann’d from the internets. Searching through the darkest corners of the internets were people proclaiming that he was ‘as dead as Julian Assange’ and that any video of him would simply be a Spielberg moment of CGI excellence.

Well, apparently, straight from the studios of Dreamworks Animation, I give you David Seaman, professional Pizzagate investigator — man solely interested in seeing fuckers getting a fair trial — and then fucking publicly hanged.

Quick question for you home gamers out there. What do you think of Pizzagate?

Real or fake news?

What do you think about #Pizzagate?

— The_Real_Fly (@The_Real_Fly) February 28, 2017

Jim Grant has been talking greasy for decades. I’m sure this ghoul, before putting on his obnoxious bow tie, eats human flesh for breakfast.

Now I’ve listened to what this guy had to say for a long time, most of which was comprehensible and thoughtful. But calling the automobile lending area ‘a place of trouble’ is going too far — and it’s fucking ridiculous. I can’t let him get away with it any longer.

The gig is up, Grant.

Jim Grant, SAD!

Whilst markets are hitting record highs, he’s warning you, the loser glued to CNBC, of skyrocketing auto loan delinquency rates, +0.05% to 0.87%. He furthered his diatribe, all but casting a gloomy pall on the auto sector, an homage to detrimentality and the like, with the forbearance of a stoic winter owl — that used car prices had fallen by 6.5%!

JESUS FUCKING CHRIST.

Any idea how small 0.87% is in the big scheme of things?

Literally nothing.

To summarize today’s moribund day in the markets is to make note to the celebratory salutes inside the Pentagon right now — after President Trump announced a carte blanche $54b increase in defense spending — a 9% lift over the present budget. The ancillary result for markets has been a notable lift in defense shares — particularly those related to aviation.

Some of my favorite names include $LMT, $ATRO, $TGI and $RTN.

Overall, the Defense sector was higher by 1.4% — a pleasant respite for a sector up only 142% under Evil Obama’s last 5 years of unnecessary peace.

The basic gestalt is that drones and unnamed weapons are the way of the future. They can be controlled, absolutely, without apology. Naturally, these weapons systems pose an ‘extinction level threat’ to mankind — especially those who oppose the military-industrial power apparatus. But I’m sure by the time these systems are fully integrated, you’ll be an old man and won’t really give a shit about freedom anymore.

As for the meaningless Dow Jones streak, it’s now the longest on record — matching the one made in 1987 — the sublime year marked with rack and ruin.

Stolen from Zerohedge

As for me, it was a boring day, with mixed results. Shares of $TECK continue to head lower — while $CLR, $UEC and $URG raised my spirits. The nuclear sector is on fire today.

Stay tuned for your regularly scheduled dose of politics and world events during tonight’s iBankCoin content extravaganza.

Before you pile on and say ‘fuck yeah, no one watches Netflix content’, take a look at this chart.

That’s a harmonious symphonic melody of uninterrupted growth. Pray tell me, how do you think that happened? Do you believe people enjoy watching 5 year old, stale, movies, or maybe the original content?

Enter Michael Pachter from America’s worst investment bank, Wedbush.

In the clip below, Michael takes exception with Netflix’s cash flow negative situation, concluding that the company is making investments that aren’t paying off on the balance sheet. Where have I heard this argument before? Oh, that’s right, $AMZN for the past 20 years.

While it’s true, the valuation for Netflix’s shares are extreme and perhaps a little rich, this Wedbush retard is making wild eyed assumptions without backing them up with facts. This is fake news, via bad investment bank.

The whole premise behind the story is subscription growth — which is directly buoyed by original content. You cannot have one without the other.

Another case of retard level thinking, courtesy of Wedbush.

The French Presidential elections are very reminiscent of this past American one — with an establishment shill running up against an anti-globalist muckraker. In this case, France’s Hillary Clinton is Macron, a former investment banker for Rothschild & Cie Banque,  a man who believes ‘great migrations’ from the middle east into Europe are unstoppable and will continue to get worse — thanks to geopolitical events and GLOBAL WARMING (Jesus Christ).

He told the crowd: “We have entered a world of great migrations and we will have more and more of it.”

“In the coming decades we will have migrations from geopolitical conflicts that will continue to play, and we will have climate migrations because the planet is in a state of deep imbalance,” he said.

“France will not be able to stem it, and Europe will be affected immediately. We will see a migratory phenomenon far greater than what we have seen [with migrants from] Syria.”

According to recent ‘polls’, if Macron faced off against Le Pen today, he’d win by 21%. In other words, Le Pen is probably up by 5.

She’s taken exception to Macron’s ‘ultra-liberal’ ways and the media sycophantism.

“The media have chosen their candidate. They are campaigning hysterically for their darling.

“They take the moral high ground, pretend to only analyse the facts and then shout about the freedom of the press as soon as you criticise them,” she said to cheers.

Two new polls published Sunday showed Le Pen still winning the first round of the election on April 23 with 27 percent, but Macron closing the gap on her with 25 percent.

In the run-off vote set for May 7, despite her belief that Trump’s victory and Brexit point to a revival of nationalism and anti-elite movements like hers, Le Pen would lose by 20 points to Macron if it were held today, the polls suggested.

“Mr Macron went to Germany recently to express the admiration he had for their decision to welcome 1.5 million migrants,” she said, referring to Chancellor Angela Merkel’s open-door policy for refugees last year.

“French people can’t put up with mass immigration any more!” she said, again to cheers from the crowd waving French flags.

Our sector oscillator in Exodus is the mean of all the technical ranking scores of the underlying sector. In this case, we’re examing the basic materials, which encompasses everything from copper to gold to oil to chemicals. The chart is below and all instances of outlier events, based off the chart, are listed below — accompanied by the share price of $XME at the time of the event and 5 days afterward.

Based upon all events over the past year in basic materials, trading solely off Exodus yielded a 90% win rate — the last of which was just flagged on Friday.

2/24/17: 2.26
price $32.33

1/30/17: 2/24
price: $33.27 (5 days later) –> $34

1/09/17: 2.28
price: $31.37 (5 days later) –> $32.32

12/15/16: 2.22
price: $31.90 (5 days later) –> $31.07

11/29/16: 2.31
price: $30.99 (5 days later) –> $33.11

10/31/16: 2.34
price: $25.41 (5 days later) –> $26.43

7/5/16: 2.37
price: $24.41 (5 days later) –> $27.20

6/28/16: 2.28
price: $22.66 (5 days later) –> $25.06

4/5/16: 2.31
price: $19.98 (5 days later) –> $21.64

3/23/16: 2.14
price: $19.45 (5 days later) –> $20.29

Beautiful. Trump announced a $54b increase in defense spending to be used at the discretion of the Pentagon. Chalk up another win for the military-industrial complex.

Also, in a press conference today, President Trump said ‘we have to start winning wars again’; because when he was young, people used to say ‘America never lost a war.’

"We have to start winning wars again… we never win. We either gotta win, or don't fight it at all," Trump says https://t.co/sd7lCGaQy5 pic.twitter.com/bP3jWEwbPS

— CBS News (@CBSNews) February 27, 2017

How about fuck the wars and let the DOD make due with the $600-900b they receive on an annual basis? Do you have any idea how absurd our defense budget is compared to other countries? We spend about 10x the amount those evil Russians and Chinese appropriate on an annual basis.

On an unrelated note, anyone else watching Homeland this year, how the CIA is trying to control and manipulate the new President elect?

Art imitating reality.

Last year Spain recorded more deaths than births for the first time since 1941. This is an issue for most developed countries in the world, which is why they’re probably so eager to accept refugees.

In an effort to fight this, Spain has appointed Edelmira Barreria Diz, a Galician senator, as ‘sex tsar’ — who wil likely follow in the footsteps of Denmark’s successful ‘screw for Denmark’ campaign, which resulted in a small baby boom.

Since 2008, the number of births in Spain has fallen by 18%.

Here are the lowest birth rates in the world, according to World Atlas.

At some point this shit has to become redundant. How long does CNBC think it can get away with this shit? The old man books an interview with Becky Quick three times per annum to exclusively talk his book. How generous of him.

Amongst other things mentioned, Buffett said he owns more than $17b in $AAPL stock and likes stocks, especially airlines.

Source: CNBC

“We are not in a bubble territory” in the stock market, he said on “Squawk Box.” If rates were to spike, however, then the stock market would be more expensive, he added.

However, U.S. stock futures were indicating a bit of caution Monday morning, with President Donald Trump scheduled to address a joint session of Congress Tuesday night.

Investors would be very sorry they didn’t buy stocks if the 10 year Treasury yield were to stay at around the current 2.3 percent for the next decade, Buffett said. “If interest rates were 7 or 8 percent, then these [stock] prices would look exceptionally high.”

The dynamism of the U.S. economy is “unbelievable,” he argued, adding there will be ups and downs in growth but “the U.S. always comes back and wins.”

Buffett released his closely-watched annual letter on Saturday, writing the U.S. economy would continue its “miraculous” boom.
“The best thing with stocks is to buy them consistently over time,” he said, adding investors should spread the risk by owning a diversified set of companies.

“You’d be making a terrible mistake if you stay out of a game you think is going to be very over time because you think you can pick a better time to enter,” he argued.

Meaningless drivel.

This might’ve been the last invitation to CNN for Ben Stein — the former speechwriter for Richard Nixon, media pundit, and legendary actor in pop culture classics Ferris Bueller’s Day off and American Pie.

Defending Trump’s decision to boycott the correspondents’ dinner, Stein laid into the media for their unrelenting assault on the President — trying, in what he said, to do to him what they did to Nixon.

Stein critiqued the media’s portrayal of Trump was an antisemitic, white supremacist as entirely without merit — deriding them as being seen by the American public as an ‘unelected aristocracy, ‘impudent snobs.’

When defending Nixon’s accomplishments, as ‘bringing more peace to the world than any president in the 20th century,’ it was humoring to see the young CNN host recoil — because MUH Watergate. Nixon is evil incarnate to leftards, as they view him as nothing more than a head in a jar, spewing hateful things — plotting and scheming to undermine civility — when in fact the true record of Nixon is the exact opposite.